Out Of The Frying Pan? Ex-Circuit City Execs Leave One Failing Retailer For Another

Just a quick snark over this news item from last Monday.

TWICE: Ex-Circuit Execs To Run Sears' Majaps, Tools

Sears has tapped two top former Circuit City executives, John Froman and Doug Moore, to run core product categories for the chain.
Froman, one-time executive VP and COO at Circuit City, has joined Sears as a corporate senior VP and president of the company’s tools and lawn-and-garden businesses.
Moore, a former chief merchant at Circuit City who joined Sears last June, has been promoted from hardlines merchandising senior VP to corporate senior VP and appliances president.
Froman left Circuit City three years ago after nearly two decades with the CE chain. He most recently served as CEO of Namco, a regional chain of family recreation superstores.
Moore spent 17 years with Circuit City, including a 1998 stint as general manager of the retailer’s builder appliances sales division. He left last year as executive VP/chief merchandising officer.

So, is this a step up, or down? I'm not too sure. I do know that I showed incredible restraint in avoiding the headline "Managing Tools For Sears: It Takes One To Know One."

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